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Showing posts with the label power by the hour

Has Ryanair reached its zenith or does O'Leary have doubt about that the ExMax is the future

He recently announced that he had plenty of time before any further 737 orders where forthcoming saying that another world shock disruption would have to come first so he could again get preferential pricing. The ExMax was never such a gamechanger that Ryanair has been spreading about. 10% more seats than the 737-800 and slightly more effective engines do not give enough green credentials that it impresses any politician when everybody is dreaming about electric planes. And for Ryanair shareholders its just a few percentage points more potential profit for an increasingly short timeframe until something more drastically have to happen about the future of flying. Unless transport of people by air is to go into a permanent decline at the hands of the climate change brigade. It could also be that Ryanair has reached the long touted optimum sice of aircrafts, round 200. They are dividing into not only more marketing names but operations to. Or that the current top management have run out o...

Current management in Norwegian has gone into hiding

Or is it hibernation for the year. They refused to hold a press conference when the first quarter results came out and issued just a written statement. There where no new plans for this year at a time when other airlines left, right and center come up with their back to business plans from June/July. Instead just what had happened from January to March, so pretty much pre CoVid19. A company like Norwegian should squander no time or opportunity getting a momentum going by presenting a basic timeline for coming back from the nearly dead. It can always be adjusted as more countries opens up, or closes down again, but get something up there you can sell and get those prepayments in. Something that will make the lease holder share owners happy that there is lights not only at the end of the tunnel but also in it. And a chance for some early payback also for the power by the hour deal. Not to mention that any positive news on more planes in the air can only lead to a real upswing in the s...